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Cost of Living in Crest Hill, IL

Population 20,628 · Census ACS 2020–2024 5-year estimates

Median rent$1,481
Median home value$232,900
Median household income$73,033

The median rent in Crest Hill, IL is $1,481/month, 16% higher than the Illinois median and 5% higher than the U.S. median. The median home value is $232,900, 30% lower than the national median. Households earn a median of $73,033 a year, 12% lower than the state median.

Affordability

Rent as a share of median income: 24.3%
Income needed for median rent (30% rule): $59,240/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,178/mo

Run your own numbers: mortgage calculator · hourly to salary

Crest Hill vs. Illinois vs. U.S.

Crest HillIllinoisU.S.
Median rent$1,481$1,274$1,413
Median home value$232,900$263,300$332,700
Median household income$73,033$83,390$80,734
Homeownership rate67.3%67.1%65.2%
Bachelor's degree or higher23.9%37.8%35.7%
Poverty rate12.0%11.8%12.5%
Unemployment rate5.5%5.8%5.2%
Work from home6.2%15.9%15.1%
Median age39.139.038.9

FAQ

What is the average rent in Crest Hill, IL?

The median gross rent in Crest Hill, IL is $1,481 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Crest Hill, IL?

Using the common 30% rule, renting a median-priced home takes about $59,240 a year in gross income.

Is Crest Hill, IL expensive to live in?

Rent there is 5% higher than the U.S. median, and the median home costs about 3.2 times the median household income.

Other cities in Illinois

Chicago, ILRent $1,440 · Income $77,902Aurora, ILRent $1,596 · Income $93,633Naperville, ILRent $1,885 · Income $155,105Joliet, ILRent $1,276 · Income $92,201Rockford, ILRent $985 · Income $54,752Elgin, ILRent $1,361 · Income $90,282

Cities with a similar cost of living

Fairbanks, AKRent $1,496 · Income $73,534Coeur d'Alene, IDRent $1,468 · Income $72,338Santa Fe, NMRent $1,463 · Income $73,482Mesquite, TXRent $1,513 · Income $72,537South Salt Lake, UTRent $1,451 · Income $72,152Arlington, TXRent $1,470 · Income $75,171

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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